A short monologue (YouTube #shorts) reflecting on how bull markets distract founders and workers, causing comparison and doubt, and arguing that market downturns remove distractions and refocus attention on building for the next five years — the mindset the speaker links to creating substantial wealth.
Chapters
Did anyone experience during the crazy run ups? You were working on your business and then you looked up at the price of bitcoin and you got distracted or you work or your heads down work on your business and you looked at the stock market and you went and everybody is nodding yes because when there's a crazy bull market you're going squirrel, squirrel. Everything's working like and there's a doubt that at least for me a doubt that I'm on the right path. I'm doubting I'm on the right path because everybody is winning at so many things and I'm only kind of winning. So by my own assessment, by me comparing myself to the founder of FTX and crypto.com, right, but when things are melting I don't have that distraction anymore and now I just get to think about what do I want to build for the next five years which ironically is the exact question to ask if you want to be fabulously wealthy.